American Assets Trust(AAT) - 2023 Q2 - Earnings Call Presentation

Company Performance - American Assets Trust (AAT) achieved a Total Revenue Compound Annual Growth Rate (CAGR) of 6.9% from its IPO to 2022[7] - AAT's Funds From Operations (FFO) per share CAGR was 7.0% from IPO to 2022[7] - The Net Asset Value (NAV) CAGR was 7.0% from 2011 to 2022[7] - Dividends saw a CAGR of 4.4% from IPO to 2022[7] - Total Revenue in 2022 reached $423 million, reflecting a CAGR of +6.9%[8] Portfolio Composition - The company's portfolio includes 4,050 thousand square feet of office space, 3,092 thousand square feet of retail space, and 94 units/rooms of mixed-use properties[21] - The portfolio also contains 2,110 multifamily units and 369 hotel rooms[21] - Multifamily properties account for 18% of Annualized Base Rent (ABR), while retail accounts for 25%[21] - Office properties make up 57% of ABR[21] Financials - Cash balance as of March 31, 2023, was $87 million[29] - Line of Credit availability as of March 31, 2023, was $400 million[29] - Unsecured debt accounts for 96% of the debt structure[30]